Thread regarding Wells Fargo & Co. layoffs

Stacked ranking

Remember folks, wells implements stacked ranking when it comes to review time. There will always be someone that has to take the hit with a bad review. Not everyone can be good! Which is obviously not true, but that's how it goes 🤷‍♂️

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Post ID: @OP+1tzcpH8d

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@1lpc+1tzcpH8d States the truth HOWEVER, all bigwigs know there is no other way to do it so we have to apply forced distribution.

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Post ID: @5sol+1tzcpH8d

Stacked ranking, forced bell curve is explicitly prohibited per policy (you can look it up). Calibration just gets managers grading in the same standards. Or so is the hope.

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Post ID: @1lpc+1tzcpH8d

In my group we get push back for ratings that are higher than meets, but no one has ever asked me to reduce a meets to IM. I didn't have any IM or IN this round and the reviews are done. Zero push to 'fill' that end of the bell curve.

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Post ID: @1nos+1tzcpH8d

It's always been a bell curve. If you are not the bosses bud, you will get a middling "3" no matter how good you are. One day the diamond, next day the stone. Banking su-ks, take whatever bonus you get and and open a bike shop in Vermont!

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Post ID: @1nqw+1tzcpH8d

“Guided distribution” is the gas lighting term they use in our lob. But guess what? We calibrate and recalibrate until we get our 20% to im and just make up stuff to justify it.

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Post ID: @ihx+1tzcpH8d

I received my exceeds rating last year, so I’m expecting a meets or possibly lower this time to allow the next person in our group to get the higher rating. Such is life on the ‘ol stagecoach.

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Post ID: @jnl+1tzcpH8d

Lame excuse for incompetent managers to dodge accountability and giving baseless poor reviews.

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Post ID: @wqx+1tzcpH8d

It's not stacked ranking, it's "calibration".

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Post ID: @gxq+1tzcpH8d

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